Another fantastic Paddy Power offer. Simply place a bet on Everton or Liverpool to win the match and if it’s a draw, Paddy Power will give us our money back as a free bet up to a maximum of £50.00. Translated into matched betting terms, this gives us a guaranteed minimum profit of £7.68 and here’s how…
Qualifying Bet:
If you’re unfamiliar with qualifying bets, please see my Qualifying Bet Strategy page for a walkthrough guide on how to place your qualifying bets.
It’s entirely up to you which team you place your qualifying bet on but having looked at the odds available at the time of writing, Liverpool give us the lowest qualifying loss.
Place £50.00 on Liverpool @ 2.29 = Potential profit of £64.50
Lay £49.14 on Liverpool @ 2.38 = Potential liability of £67.81
Let’s have a look at our current potential profit/loss for the following outcomes…
| Liverpool win | +£64.50 – £67.81 = £3.31 loss |
| Draw | -£50.00 + £46.68 + £40.00 (extract 80% from our £50.00 free bet) = £36.68 profit |
| Everton win | -£50.00 + £46.68 = £3.32 loss |
So as things stand we will make £36.68 profit if the match is drawn. Unfortunately, we also stand to lose a maximum of £3.32 on any other result. It’s not often we are able to do this, but by placing a further lay bet on the draw, we can guarantee ourselves a profit on any outcome!
Lay £11.60 on the draw @ 3.50 = Potential liability of £29.00
Let’s have a look at our resulting potential profit/loss for the following outcomes…
| Liverpool win | -£3.31 + £11.02 (£11.60 – 5% commission) = £7.71 profit |
| Draw | £36.68 – £29.00 = £7.68 profit |
| Everton win | -£3.32 + £11.02 (£11.60 – 5% commission) = £7.70 profit |
So regardless of the result of the match, we will make a guaranteed minimum profit of £7.68!
If you’re not sure how to extract 80% of the £50.00 free bet refund, please see my Free Bet Strategy page for a walkthrough guide on how it should be done.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.